Losses due to crypto hacks fall 67%, Bitcoin DeFi interest rises: Finance Redefined
The amount stolen through crypto hacks and the number of successful attacks sharply declined in April.
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What is a supernet, and how does it work?
Supernets enable communication among distinct blockchain networks, considerably improving the usefulness of the overall system by enabling the transfer of assets and data among different blockchains.Furthermore, shared infrastructure and resources can be made possible by interconnected networks, which can lower costs and boost overall effectiveness. By making assets accessible across numerous networks, they can significantly…
Gaming Giant Atari to Use its ‘Atari’ Token for Betting, Gaming and Shopping
Gaming behemoth Atari announced that holders of its blockchain token will be able to spend it on betting, gaming and shopping. 1226 Total views 30 Total shares Gaming behemoth Atari announced that holders of its Atari token will be able to spend it on betting, gaming and shopping.According to an announcement on June 12, the…
Crypto seen as the ‘future of money’ in inflation-mired countries
Last year, cryptocurrencies reached a “tipping point,” according to Gemini’s 2022 Global State of Crypto report, “evolving from what many considered a niche investment into an established asset class.” According to the report, 41% of crypto owners surveyed globally purchased crypto for the first time in 2021, including more than half of crypto owners in Brazil…
Bitcoin Slides 15% to $4.5K as Stocks Brace for ‘Black Monday’ Repeat
Bitcoin (BTC) suddenly fell another 7% on March 16 as a new week opened with fresh coronavirus turmoil across global markets.Cryptocurrency market daily overview. Source: Coin360BTC price sheds $1.4K in a dayData from Coin360 and Cointelegraph Markets showed BTC/USD abruptly crashing 7% in Monday trading, having already sealed 8% 24-hour losses.At press time, the pair…
Ethereum’s Pectra upgrade: Key risks identified in Report
According to a new report by Liquid Collective and Obol, Ethereum’s Pectra upgrade in 2025 poses significant risks, including concerns over client, operator, and cloud diversity.
Halving Hype Drives Second-Strongest Spot Volume on Record
The run-up to Bitcoin’s halving has driven near-record volumes, with April 30 posting the second-largest daily trade on record. Pre-halving speculation has driven historic volumes of crypto trade, with April 30 producing the second-strongest single day for volume on record according to a report published by market data aggregator, CryptoCompare.Notional volume for BTC options on…
Firm building decentralized supercomputer attracts 1.5M nodes during testnet
Nexus said the testnet results show that there’s “early excitement” for a shared supercomputer.
‘Do not delay’ — ASIC warns Aussies to look for 10 signs of a crypto scam
Australia’s market regulator has released a list of the “top-10 ways to spot a crypto scam," amid a detected rise in crypto-related investment scams this year.The Australian Securities and Investment Commission's (ASIC's) public advisory statement was published as part of Scams Awareness Week 2022, an initiative that teaches Australians how to identify all forms of scams.…